1126 NW 58th Ter, Miami, FL, 33127
1126 NW 58th Ter, Miami, FL, 33127 - Image 21126 NW 58th Ter, Miami, FL, 33127 - Image 31126 NW 58th Ter, Miami, FL, 33127 - Image 41126 NW 58th Ter, Miami, FL, 33127 - Image 5

1126 NW 58th Ter, Miami, FL, 33127

4 bedrooms · 4 baths · 1,980 sq.ft.

The only fully remodeled, permitted, conforming fourplex in the area under $1M, and it sits in a federal Opportunity Zone. Turnkey, fully leased 4-unit in 33127 with an 8.4% in-place cap rate. Four 1/1 units, separately metered for electric. Remodeled under permit. New roof, impact windows, electrical, plumbing, tankless water heaters, kitchens with Samsung black-stainless appliances, and baths. 40-year recertification complete. Gross income $83,400/yr, with rents below the $2,040 Section 8 payment standard: up to $19,320/yr of upside on turnover. Blocks from Related Urban's Liberty Square redevelopment and minutes from the planned Little River district, future Tri-Rail station, Wynwood, and the Design District. 5,680 sf lot with parking for 4. Buy it and collect.

Information

Property typeMulti Family
Size1,980 sq.ft.
Year built1936
Stories1
Price per sq.ft.USD 404
Last sold2022-08-29
Last sold priceUSD 350,000
CountyMiami-Dade
ZIP code33127
LocationMiami, United States

USD 799,000

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Where it's located

Miami, United States

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